FG Trains 100 On Anti-Money Laundering, Counter-Financing Terrorism
The initiative reinforces Nigeria’s commitment to sustained inter-agency collaboration, stronger institutional capacity and demonstrable progress ahead of its next Mutual Evaluation. The post FG Trains 100 On Anti-Money…
Nigeria's anti-money laundering and counter-terrorism financing (AML/CFT) regime has been under international scrutiny for years, culminating in its placement on the Financial Action Task Force (FATF) grey list over gaps in regulatory enforcement, beneficial ownership transparency and inter-agency coordination. The country was removed from that list after implementing a series of reforms, but FATF and regional bodies continue to subject members to periodic Mutual Evaluations, which assess how effectively laws and institutions are actually enforced, not just how they read on paper.
This latest training of 100 officials is being framed by government as preparation for the next such evaluation, signalling that Lagos and Abuja want to avoid regressing into grey-list status, which can affect Nigeria's standing with international banks and investors. Channels TV's coverage emphasises the government's language around institutional capacity and inter-agency collaboration, while Premium Times situates the exercise within the timeline of Nigeria's FATF delisting roughly a year ago. Neither report details which agencies conducted the training, its curriculum, or the specific officials involved.